Titan drops 3% despite an 11% YoY increase in jewelry sales in the third-quarter update

The share price of Tata’s jewelry division Titan Co tumbled 2 % and is now trading at  2500 in Monday’s intraday trade after the company’s jewelry division

The company recorded a 12 percent year-on-year growth in its standalone business in Q3 of FY23 due to healthy demand and the festive season